Sarah W. Harmon, SVP and General Counsel of First Community Bankshares Inc. /VA/ (NASDAQ:FCBC), filed a Form 4 on August 24, 2026, disclosing stock option exercises and open-market share sales that occurred on August 21, 2026.

Key Highlights

  • Option exercise: Harmon exercised a stock option for 5,157 shares of common stock at an exercise price of $33 per share on August 21, 2026.
  • Shares sold: Harmon disposed of 4,329 shares at a weighted average price of approximately $49.21, with individual lots sold at prices ranging from $49.20 to $49.55.
  • Direct holdings after transactions: Harmon directly holds 8,141 shares of common stock following the reported transactions.
  • Indirect holdings: An additional 1,994 shares are held indirectly through the Employee Stock Ownership and Savings Plan.
  • Remaining derivative securities: Harmon holds restricted stock units covering 2,228, 2,332, and 2,153 shares, each subject to separate vesting schedules tied to performance criteria and continued employment.

Harmon's Option Exercise and Sale Transactions at First Community Bankshares

According to the filing, Sarah W. Harmon, identified as SVP and General Counsel of First Community Bankshares Inc. /VA/, executed two transactions in common stock on August 21, 2026. First, she acquired 5,157 shares through the exercise of a stock option (transaction code M) at an exercise price of $33 per share. The filing notes that these options vested in three equal installments over three years beginning March 31, 2022, with an expiration date of March 19, 2031. Following the exercise, Harmon's directly owned shares totaled 12,470.

On the same date, the filing discloses that Harmon sold 4,329 shares (transaction code S) at a reported price of $49.21 per share. The explanation of responses details the sale as consisting of five separate lots: 3,742 shares at $49.20, 105 shares at $49.21, 238 shares at $49.22, 147 shares at $49.23, and 97 shares at $49.55. After this disposition, her directly held shares stood at 8,141, with an additional 1,994 shares held indirectly through the Employee Stock Ownership and Savings Plan.

The filing also reports that Harmon retains three tranches of restricted stock units (RSUs) as derivative securities. The first tranche covers 2,228 shares and cliff vests on May 29, 2027, contingent on performance criteria for the three years ending March 31, 2027, and continued employment. The second tranche covers 2,332 shares, with 30% cliff vesting on May 28, 2028, and 70% tied to performance criteria for the three years ending March 31, 2028. The third tranche covers 2,153 shares, with 30% cliff vesting on May 27, 2029, and 70% subject to performance criteria for the three years ending March 31, 2029. All RSU vesting is contingent upon the reporting person's continued employment, according to the filing.

What Was Disclosed

The Form 4 filed August 24, 2026, reports that First Community Bankshares SVP and General Counsel Sarah W. Harmon exercised 5,157 stock options and sold 4,329 shares on August 21, 2026, and continues to hold RSUs and indirect plan shares.